BLUEBAY Asset Management is to launch a multi-strategy fund on April 7, 2007 - its first new long/short product since 2003 and the fourth in its long/short range for institutional investors.
The fund will invest across multiple strategies with a strong credit focus and invest in a wide variety of sub-asset classes of credit. It will be available in both leveraged and non-leveraged formats....
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.